[DOT] Polkadot Speculation

[LUCKMCFLY]

At the moment DOT is in great uncertainty in my view, although the price of BTC fell a lot, DOT suffered a lot, when reviewing the chart you can see that the bulls are making a good effort to recover values, but if BTC falls more, it is likely that DOT could take a value of 15usd, this based on this analysis:

Although Polkadot presented a target level at $30 in a previous analysis, Bitcoin failed to rise above $40K at the time of writing and DOT saw southbound movement. Support was available around $20 but a breakdown was quite possible as the price was below its 20-SMA (red) at press time. A move below $20 would likely see DOT move back towards $15, whereas a retest of $20 could result in some sideways movement.

Source: https://ambcrypto.com/polkadot-litecoin-chainlink-price-analysis-25-may/

I know that as a good analyst, you should put aside feelings or emotions and see everything from an impartial point of view because this is about money, so when I see these technical indications I still think that DOT is a great opportunity now, this currency will give a nice bullish jump when BTC rallies.

[LUCKMCFLY]

DOT continues on its way, for now the bulls are making efforts to maintain a good price, although some already think about waiting, I think the bulls are preparing a good move:

If they succeed, the DOT/USDT pair could drop to $20 and then to $15. A bounce off this support could keep the pair range-bound between $15 and $26.50 for a few days.

Source: https://cointelegraph.com/news/price-analysis-5-26-btc-eth-bnb-ada-doge-xrp-dot-icp-uni-bch

Many are betting on the speedy recovery of DOT, in addition, DOT has a lot of acceptance and has generated a great community, this is a plus for the coin. As well as all the highs, these analyzes can be invalidated if a strong movement of BTC occurs .. these analyzes are short-term, now it is difficult to predict the movement of any alt knowing the uncertainty that reigns in the market.

[JackieAinsley]

Polkadot blockhain now is actively used for staking because the commissitons in Polkadot is smaller than in Ethereum and it allows to connect Polkadot with Ethereum. More information about Polkadot staking https://polkasyndicate.medium.com/hello-world-d6cf5ede486.

The appear of parachains will increase the liquidity of the Polkadot. The price of Polkadot will grow in future as ecosystem of Polkadot growth.

Now the commissions in Ethereum are very high, that is why Polkadot blockchain is so popular for use and because of big volatility it is actively used for speculations.

[LUCKMCFLY]

Updated.

DOT is looking in a very good way, the bulls are expected to start pushing further, some are betting heavily on DOT making massive purchases, when you open the chart and look for the volume it is really good and representative, however this article shows that DOT has imminent recovery:

Polkadot (DOT) is trying to rebound off the support at $17.50. This is a positive sign as it shows that the bulls are not waiting for a dip to $15 to buy. The altcoin could rise to the $26.50 level, which is likely to act as a stiff resistance.

Source: https://cointelegraph.com/news/price-analysis-5-31-btc-eth-bnb-ada-xrp-doge-dot-uni-icp-bch

I don't know much about chart patterns, but actually what I see with the naked eye is that it has an ideal price to buy, when BTC goes bullish, this coin will have new highs. In addition to the fact that DOT is widely accepted, it has been gaining a very good community in a short time, this speaks very well of the currency and its stabilization.

[LUCKMCFLY]

At the moment DOT has a great influence on the market, maybe now the trend of the market in general is bearish, in fact Bitcoin say that it can continue to fall much more, for their part the bulls of DOT are struggling to maintain a good price of currency, this analysis gives a more detailed technical analysis:

The Polkadot market was witnessing a bearish volatile market. The selling pressure remained high over the past day and may continue to push DOT’s value down. It could find support at $20.56, but if it fails, the asset may be heading to $19.7.

Source: https://ambcrypto.com/polkadot-price-analysis-08-june/

For DOT lovers it would be good to buy in the dip, it is not bad to buy at this time, the risk is that it may drop in price, but everything in this life is a risk, you just have to take it.

[LUCKMCFLY]

Updated:

Dot has had a high resistance to go down in price, if the BTC market is falling, DOT does it but little by little, for surprise if at this moment BTC falls even more, DOT may be affected perhaps losing a little more value, because it is in a bearish channel, as the analyst shows:

According to Squeeze Momentum Indicator, the market was at the moment in a ‘squeeze release’. This indicated that the fall could continue for a little while since the light red bars showed bearish pressure rising.

If the price makes a quick comeback, it could save the coin from falling under $18.78, else $15.90 will act as the next support level.

Source: https://ambcrypto.com/polkadot-uniswap-vechain-price-analysis-08-june/

DOT even if the market continues to fall, it is still a great alternative to buy the currency, even so, I think that the bulls themselves are buying strongly, because the price has not dropped much.

[LUCKMCFLY]

Polkadot is going through one of his best times, up 37% after Coinbase Pro DOT listing, The First Parachain Auction. The important thing is that for now DOT investors are seeing its fruits, now the currency may continue to rise further because everyone wants to be in the profit movement for DOT.

The DOT/USD exchange rate reached $26.44 on June 14, following a roughly 37% upside move that started on June 13. Nevertheless, entering the Asia-Pacific and European trading hours on June 15, the pair corrected by more than 4.5%, hitting an intraday low of $24.25

Source: https://cointelegraph.com/news/polkadot-price-soars-37-after-coinbase-pro-dot-listing-first-parachain-auction

DOT is off to a very good start, now that BTC is recovering, it is a great option for DOT to continue to shine, all things are working in its favor.

[LUCKMCFLY]

DOT is suffering from the market investments, it is normal, BTC has fallen and as a direct consequence DOT also, however the bulls are defending the price at 15usd, it may be that if the price of BTC continues to fall, this will be invalidated and it will be placed in another price range, in the short term it can be observed:

Therefore, the bulls will attempt to defend the $15 support aggressively. A strong rebound off this level could push the price to $20 and then to the downtrend line. A breakout and close above this resistance will be the first sign of strength.

Source: https://cointelegraph.com/news/price-analysis-6-21-btc-eth-bnb-ada-xrp-doge-dot-uni-bch-ltc

In a good sense of the word, many can buy in the dip, those who believe in DOT are doing it little by little, the idea is that if BTC continues to fall, investors continue to buy, it is all a matter of waiting.

[LUCKMCFLY]

For now, DOT continues to have a support position for bearish attacks, although the bears are trying everything to keep going down, the bulls when entering I think they will not have very difficult to maintain the price and raise it, this Technical Analysis says so :

A break below $13 could open the gates for a further fall to the psychological support at $10 and then to $7.50. This negative view will be nullified if the bulls push and sustain the price above the 20-day EMA.

Source: https://cointelegraph.com/news/price-analysis-6-23-btc-eth-bnb-ada-xrp-doge-dot-uni-bch-ltc

I hope that DOT gets its way and the bulls start to raise the price level, of course also BTC has to do its part so that the recovery is imminent. This coin has proven to be very resistant to sudden market changes, many have sunk, but DOT has maintained a very good position.

[ningrum]

Updated.

DOT is looking in a very good way, the bulls are expected to start pushing further, some are betting heavily on DOT making massive purchases, when you open the chart and look for the volume it is really good and representative, however this article shows that DOT has imminent recovery:

Polkadot (DOT) is trying to rebound off the support at $17.50. This is a positive sign as it shows that the bulls are not waiting for a dip to $15 to buy. The altcoin could rise to the $26.50 level, which is likely to act as a stiff resistance.

Source: https://cointelegraph.com/news/price-analysis-5-31-btc-eth-bnb-ada-xrp-doge-dot-uni-icp-bch

I don't know much about chart patterns, but actually what I see with the naked eye is that it has an ideal price to buy, when BTC goes bullish, this coin will have new highs. In addition to the fact that DOT is widely accepted, it has been gaining a very good community in a short time, this speaks very well of the currency and its stabilization.

if seen from the graph, DOT has managed to maintain its position despite the decline but the decline was not drastic. In this case, the conclusion is that DOT can more easily rise to a high position if it is driven by a more stable crypto market.

With what is happening right now in the cryptocurrency market it is certainly a great achievement for DOT,
by looking at the current condition of DOT only experiencing a not too drastic decline, I think this could be a benchmark when conditions are stable the price will rise faster,
Even so, we can't just conclude that we need to look at the future later

[LUCKMCFLY]

Updated.

The price of DOT has proven to be something irreverent with respect to the price or movement of BTC, as it tries to emerge when BTC is in uncertainty where everyone points to a totally bearish market, however Dot bulls have been very smart trying to maintain Your acceptable price levels in the short term:

Conversely, if the price rebounds off $13 and rises above $17, the pair may rise to the 20-day EMA. A breakout and close above this resistance will open the doors for a move to $26.50. If the price turns down from this level, the pair may consolidate between $13 and $26.50 for the next few days.

Source: https://cointelegraph.com/news/price-analysis-6-25-btc-eth-bnb-ada-doge-xrp-dot-uni-bch-ltc

There are very positive things in this analysis, the analyst did not cover it on a Bearish channel, this is very good indication.

[numanoid]

Polka Dot is at 9th position on the coinmarketcap right now but the price has been plummetting since the Bitcoin crash. There are many new projects are launching on the Polka Starter platform and we might see a boom like ETH in the future if the development and support are going at good speed.

All crypto also been plummet after bitcoin crash, how do you expect DOT will be rise when others also got affected by bitcoin? DOT is one of best investment in crypto, the price isn't got huge dump just like other shitcoin

[LGD2Business]

Polkadot deserves credit as it hold their value still in Top 10. Although it's far from all time high price one month ago it still try to survive in this jungle. If whole market goes up again I don't see a reason to block Polkadot to make new all time highs. Patience is the key here. You may say 14 dollar was a cheap price for DOT in a couple of months later. Then you regret why shouldn't I buy back then. It can go down more but you never know the dip.

[bussybuddy]

Polkadot deserves credit as it hold their value still in Top 10. Although it's far from all time high price one month ago it still try to survive in this jungle. If whole market goes up again I don't see a reason to block Polkadot to make new all time highs. Patience is the key here. You may say 14 dollar was a cheap price for DOT in a couple of months later. Then you regret why shouldn't I buy back then. It can go down more but you never know the dip.

Agree with you, DOT is really a coin that I hope a lot. Although the market situation is not positive at the moment, I think that DOT will always maintain its position and development in this market.

[LUCKMCFLY]

For now the price of DOT is in a very good recovery phase, if the bulls start to give better defensive attacks to the bears, I think that as long as the uncertainty of the DOT market continues, it can give bullish surprises:

On the other hand, if the bulls can push the price above the 20-day EMA ($18.72), it will suggest accumulation at lower levels. The DOT/USDT pair could then rally to the overhead resistance at $26.50.

Source: https://cointelegraph.com/news/price-analysis-6-28-btc-eth-bnb-ada-doge-xrp-dot-uni-bch-ltc

For the bulls at the moment it is very likely that they are investing much more in DOT, the confidence that BTC is providing is unique so that they can give a better Bullish scenario for the currency.

[LUCKMCFLY]

Updated.

The DOT movements for now are predicting to be bearish, there is much talk of $ 13USD if the bears succeed, however the bulls have not been seen to act for now, if the price reaches $ 13 I do not think it will continue there, such Once I enter a consolidation up to $ 16, which is not bad:

If bears sink the price below $13, the DOT/USDT pair could start the next leg of the downtrend that may reach $10 and then $7.50.

This negative view will invalidate if the bulls drive the price above the 20-day EMA ($18.20). That could result in an up-move to the 50-day SMA and then to $26.50. The bears are likely to defend this level aggressively.

Source: https://cointelegraph.com/news/price-analysis-6-30-btc-eth-bnb-ada-doge-xrp-dot-uni-bch-ltc

I think that if DTO makes the right moves, it can protect itself in price if BTC falls, the DOT bulls are on the lookout for what might happen in terms of major moves.

[Benefactor]

The purchase from different trades may very well due to the lower cost of the new polkadot, individuals may have thought they are getting their genuine articles with polkadots because of this. I just lamented not getting it early when it was as yet modest and not it's up to twofold digits per DOT.

[LUCKMCFLY]

Polkadot does not stop being protagonists, this time with the volatility of BTC many operators remain undecided, of course the bulls are waiting for the best moment for the currency to reach the level that everyone seeks, to be at the top, this analysis confirms it:

Polkadot found support at $14.66, following strong volatility. After witnessing an 8.86% surge within seven hours, DOT’s value began to crumble and consolidated between $15.15 and $15.46. The price soon broke down from this range and received support at $14.66. Since DOT was trading at $14.83, the market seemed to be seeing a host of indecisive traders.

Source:https://ambcrypto.com/polkadot-ethereum-classic-sushi-price-analysis-02-july/
For now, the most confident buy, they know that at any moment it can give a good bullish surprise, if we take into account that BTC will rise and will again have its price at $ 60k, DOT will give many juicy profits, of course in the long term.

[LUCKMCFLY]

DOT has had a great movement, since it has been in a bullish trend, for now in the short term it has been somewhat calm, but some candles remain in green, which is not bad at all, if everything goes well, the DOT bulls They will give their best move if the bullish trend of BTC is confirmed:

At press time, DOT was priced at $15.94 and if it breaks the resistance level of $16.70, then it could dictate its further direction in the market. With constricted price movement, buyers found precedence over sellers as the Relative Strength Index saw some upside and crept a little above the centerline.

A bullish crossover was seen on the MACD indicator and the emergence of a short-term bullish signal was visible. However, if the coin continues to see restricted price movement, the bullish momentum could die out soon.

Source: https://ambcrypto.com/ethereum-polkadot-chainlink-price-analysis-06-july/

Those who have not entered the market can do it, I think it could be another bullish style movement, the market is very benevolent and gives opportunities, the idea is to be able to take advantage of them.

[LUCKMCFLY]

DOT is the most winning currency for me so far, despite the high volatility of BTC, DOT has maintained its good and great trend, in fact the candles are green being an indication of great potential that the currency has, I think The bulls are betting that DOT grows to have more community and investors, if so they are doing very well so far:

Polkadot is trying to fix above the resistance at $17.15. The trading volume is going up, which is a good prerequisite for a possible price increase. If the daily candle closes above this level, there's a high chance that it gets to the mirror level at $18.73 soon.

Source: https://u.today/btc-dot-and-xrp-price-analysis-for-july-7

While everyone is betting on BTC, DOT is giving its followers pleasant surprises, when it gets like this it would be great to be able to have an investment in DOT whatever the market scenario.